The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Well that article certainly bought some volume in!
Mr T, why because the number of shares in issue and future warrants and funding takes you to ridiculous numbers in circulation. You see it all the time, they get to a point where they simply highlight they have been the survival kit of the business. I agree with Silverknight for the likes of long termers like me they have a negative impact as you get left further afoot but moving forwards its almost away of re setting future funding with ease as with very few in circulation each raise appears less painful like the 2011 days of £1 million with just 59 million in circulation. Gkp & Cnr are too fine examples of diluted dogs with now tiny amounts around. Almost a clean slate in a way to all the new investors. Companies with far less shares in issue have always looked far more attractive from the outside. Look at Barclays and Tesco's with their buy backs, they want lower in issue for what reason? Another one I have been in and out of over the years Sqz have always kept the issue low and always been able to sell them like a ftse 100 stock even when an aim minnow at 3p as so few in circulation. Its a billion shares for every million £ now how many do we go to 8-9 billion? Sometimes you have to discuss the stuff we might not like too. I have been half full for a long time but we are still 0.11 so with 5.1 billion floating around discussing a consolidation if its likely or not to happen is merely a topic not a run down of the company.
Surely a share consolidation is on the cards now?
Wow Moon, I rarely post as busy with other bits but you are the ultimate wind up merchant and cannot be taken seriously yet you try to create fear. Your like one of those calling scam phone pests that persevere What are you talking about 8p! A clever investor putting money into something the Russian federation has control over that's mighty clever. Who would touch anything to do with the Russian federation just now? You paint the picture of a bitter old man who loves to see the demise of others and gloat in their downfall!
Let me tell you falls are often more gradual and consuming which breeds negative sentiment but like Detonator at Thorpe PARK the bounce is quick. I hope your not afraid of heights. Sentiment changes in instant.
Silver knight's been here from the old dividend days back when we were 72p a share with just 59 million of them. I would say just like me he's watched his holding be dismantled and bored of Jam tomorrow so wants to see conclusive evidence of progression. Boromad I understand your point & I am heavily loaded in here its just sometimes you get consumed by it. No one likes to hear the other scenario but believe you me no one wants a recovery here more than myself. I spent years of listening to Lawrence's dribble whilst he bailed never buying a single share. At least Colin keeps going and puts his hands in his pocket and @ 78 years of age most are sitting on the couch. We just want share price changing news.
just hasn't been anything substantial news wise to turn the tide. I did say as we slipped 0.47ish likely again. Just no volume whatsoever so they will keep tilting until it finds some activity you suspect.
I thought we had about £400k still untouched? Most definitely need regular positive updates now.
Its been a long one with this one without all the benefits. Production couldn't come around quick enough. Every time I buy some we dilute a bit further. I remember the 59 million shares days. I rarely post now as so many millions of shares underwater waiting to come back its headbanging. Lets hope we can see some change of sentiment and some positive updates to ignite that change of sentiment.
Looks to me like 40p is our new 36.25 with that update.
Pedro I couldn’t agree more fella.
Helpme patience imagine a year from now what this will
be doing!
Funny how news lands again when it’s rock bottom, rsi on the floor and ready for a good bounce to turn sentiment. Good update and plenty more in hand.
Its because everything is now underway and results waiting so nothing major today. The price might yet see 0.47 top double bottom but its looking very very oversold now. It was back @ 0.625 but breached support as sentiment turned on no news and then updates of more waiting. Bargain buying now though
Is that not how exploration works in Juniors?
Yes looks like some interesting days ahead. Positive for me.
Yeah its been very quiet of late. Not sure exactly what the cash position stands at just now. Been a busy period no doubt usage wise. Shares even the greatest do slip on silence. So either way news is needed to determine which way sentiments go.
We are in great hands and our future outlook is so exciting. Lovely amount of gold production heading upwards. This is like a little Sqz but whilst they are in oil we are in gold but both churning out significant cash flow. They started off smaller like us ever increasing. This is a beauty of a stock.
Bid* still strong
Significant discovery would be a nice piece to be updated with! Plenty going on that could ignite things for sure. Not still strong at 63.8 for far larger than market average which it’s been for a couple of weeks so never too sad.
What's the most anyone can get? Aj bell and Hsbc struggling.
So the bid remains at at last nights same 0.628 but we have 0.7 to get any. Somethings definitely a foot here as clearly they are deterring the buying with the spread.
What are all those tiny trades about?